Word: credititis
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...part, to the College’s decision to withdraw official recognition of the program in the 1960s. Beginning in 1969, Harvard students who wanted to enroll in ROTC had to trek to Kendall Square to train and to take ROTC courses at MIT. Harvard does not give degree credit for these courses, nor does it provide financial support for ROTC programs. The College’s current Student Handbook outlines Harvard’s official stance on the issue, as well as its reasons for not recognizing the program. “Current federal policy of excluding known lesbian...
...large number of Chinese buyers means growth in Hong Kong's luxury-property market could suddenly cool if Beijing decides to tighten credit. Su Ning, vice governor of the mainland's central bank, said last week that China would continue its "appropriately loose" monetary policy at least into next year, but regulators have already started to clamp down somewhat. In August, total lending by Chinese banks dropped to a third of June's levels...
CityCenter could mark the much hoped-for resurgence of Las Vegas, but then again, it might mark the end of an era, a sort of peak the city won't easily reach again. Owing in part to wobbly credit markets, Feldman doesn't think another project of this size will be completed in the city for at least a decade. (See pictures of Las Vegas...
...casino operators in 2002, the former Portuguese colony (population 540,0000) boomed as billions of dollars of investment poured into new hotels and casinos and newly wealthy Chinese crowded baccarat and blackjack tables. But the good times came to a sudden end in late 2008 as the credit crunch paralyzed global financial markets. Gaming revenues sank and casinos laid off staff. Sheldon Adelson, chairman of casino operator Las Vegas Sands, was forced to halt his $12 billion plan to build an Asian version of the Las Vegas Strip on a stretch of reclaimed land called Cotai due to financing woes...
Fernández, to her credit, rejects the kind of criminalization of libel and other media misbehavior that is built into Venezuela's law. But opponents call her law a desperate gambit to recoup her waning clout and win re-election in 2011 for herself or her husband and predecessor, former President Néstor Kirchner. Adrián Ventura, a columnist for the Buenos Aires daily La Nación, wrote last week that Fernandez "has started to unveil a true systematic policy of violation of freedom of expression. We are on the same road" as Venezuela...